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Implementation of the Water Framework Directive (WFD) represents a fundamental change in the management of water in Europe with a requirement that member states ensure 'good ecological status' for all water bodies by 2015. Agriculture is expected to bear a major share of WFD implementation costs...
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This paper uses recently developed statistical techniques to achieve improved parameter estimates from models of dichotomous choice contingent valuation data. Random effects associated with bid amounts presented to respondents are modelled alongside the variance of individual responses, to give...
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A split sample experiment is conducted to test one of the most fundamental assumptions underpinning choice experiments in an environmental setting: whether stated values are absolute or relative. The test uses a natural experiment involving respondents at different home locations relative to...
Persistent link: https://www.econbiz.de/10008862788
Despite heightened awareness of the need to find additional resources for tropical biodiversity conservation, and recognition that the benefits to populations in developed countries may be significant, very few empirical studies have been conducted to estimate these values. In this article, we...
Persistent link: https://www.econbiz.de/10011043701
Recent debate following the rejection of the Environment Agency case regarding an application for water abstraction at Axford on the River Kennet has focused upon the benefits procedure employed for aggregating non-user benefits which underpinned the economic case put forward by the Agency...
Persistent link: https://www.econbiz.de/10009196182